Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) Short Interest Down 84.4% in July

Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 12,313 shares, a decrease of 84.4% from the July 15th total of 78,878 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 137,339 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Invesco Dorsey Wright Emerging Markets Momentum ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada raised its position in Invesco Dorsey Wright Emerging Markets Momentum ETF by 4.9% in the first quarter. Royal Bank of Canada now owns 45,347 shares of the company’s stock valued at $824,000 after purchasing an additional 2,122 shares during the period. Jane Street Group LLC raised its holdings in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 330.7% in the 2nd quarter. Jane Street Group LLC now owns 162,292 shares of the company’s stock valued at $3,398,000 after buying an additional 124,608 shares during the period. MGB Wealth Management LLC lifted its stake in Invesco Dorsey Wright Emerging Markets Momentum ETF by 60.0% during the 2nd quarter. MGB Wealth Management LLC now owns 2,000 shares of the company’s stock worth $42,000 after acquiring an additional 750 shares in the last quarter. Benjamin Edwards Inc. lifted its stake in Invesco Dorsey Wright Emerging Markets Momentum ETF by 12.7% during the 2nd quarter. Benjamin Edwards Inc. now owns 12,960 shares of the company’s stock worth $271,000 after acquiring an additional 1,464 shares in the last quarter. Finally, UBS Group AG boosted its holdings in Invesco Dorsey Wright Emerging Markets Momentum ETF by 4.5% during the 3rd quarter. UBS Group AG now owns 193,166 shares of the company’s stock valued at $4,713,000 after acquiring an additional 8,322 shares during the period.

Invesco Dorsey Wright Emerging Markets Momentum ETF Price Performance

Shares of NASDAQ:PIE traded up $0.56 during midday trading on Wednesday, reaching $33.09. 19,938 shares of the company’s stock were exchanged, compared to its average volume of 65,278. The firm’s 50 day simple moving average is $31.92 and its two-hundred day simple moving average is $29.59. The stock has a market cap of $254.79 million, a price-to-earnings ratio of 13.79 and a beta of 0.83. Invesco Dorsey Wright Emerging Markets Momentum ETF has a fifty-two week low of $22.58 and a fifty-two week high of $35.17.

Invesco Dorsey Wright Emerging Markets Momentum ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a dividend of $0.218 per share. The ex-dividend date was Monday, June 22nd. This represents a $0.87 dividend on an annualized basis and a dividend yield of 2.6%.

About Invesco Dorsey Wright Emerging Markets Momentum ETF

PowerShares DWA Emerging Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Emerging Markets Technical Leaders Index (the Index). The Fund normally invest at least 80% of its total assets in securities of emerging economies within Dorsey Wright & Associates’ classification definition, excluding companies listed on a U.S. stock exchange. The Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in emerging market countries including, but not limited to Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.